date:Jul 13, 2012
The deal, which includes the purchase of all working capital assets of the plant, has received court approval, and the sale is expected to be completed next week.
Cargill noted that it plans to retain 250 fulltime jobs at the facility and also invest in order to ensure the plant's competitive viability.
The plant, located in Fort Worth, will be a part of Cargill Value Added Meats Food Service unit of Cargill, which caters to customers throughout the US and Canada. It will produce ground beef pat